5407 2ND AVE

Estimated Monthly Payment: $5,472/mo 5407 2ND AVE, Los Angeles, CA 90043 MLS# 20-577152 Residential Income Listing Status: Active
8
4,704 sqft
30
3
0
0

REMARKS:

Amazing price per sqft. Huge four (4) unit building in Economic Opportunity Zone (EOZ). Each unit is spacious 2BD/2BA and over 1175 sqft each. Near 54th St. and soon-to-be-finished Crenshaw Line. 4704 sqft on large 6152 sqft lot. Plumbing redone in 2019. Newer electrical, newer meters. 1 unit VACANT completely remodeled in 2019 while 2 other units have been redone by prior owner. All bathrooms have new bathtubs and tile floors. Entire building remodeled to city code in 2001. Parking in back (enter thru alley) plus four (1) one car detached garages, which were repaired in 2019 and rent for $150/month. Remodeled unit delivered vacant. All others on month to month with rent increase due 8/1/2020. Conveniently located close to new Crenshaw Line and Inglewood Football Stadium. This property has great upside for major profit over next 3-5 years. Could be great for FHA owner occupant FHA. Or Economic Opportunity Zone redevelopment. A high quality property at a steal of a price!

OVERVIEW:

Residential Income
Active
1922
4704
None
Garage - 4+ Car, Parking Space
Wall
None

FEATURES:

None

ROOM INFO:

8

FINANCIAL:

$1,200,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Andrew Watkins - Keller Williams Silicon Beach

 

01949460 

 

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Data last updated: 06/06/2020